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All Forum Posts by: Tom R.

Tom R. has started 95 posts and replied 244 times.

Post: How do I unfollow discussions?

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120

I followed discussion months ago and Im still getting almost daily updates from it. How do I unfollow it?

Post: Pay off mortgage and snowball?

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120

I only plan to start paying off loans when I run out of deals. Currently my problem is too many potential deals not enough money.

Post: Tenant breaks pet least (security deposit)

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120
Send them a bill for the damages and lost income.

Post: Best Jobs To Have While Investing?

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120
Any job as long as it pays well enough for you to build capital and allows you the free time to look for deals. Enjoying your job also helps a lot.

Post: Getting a FHA loan on a triplex when all the units are filled

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120

My realtor is still checking if it is empty. According to her the lease ended in December so it may be empty already. She has said that the seller has rejected every offer less than asking. It doesn't sound like the seller is very motivated to sell and I don't blame him. I am considering waiting until I have enough to get a conventional loan and just renting out all the units.

Post: Getting a FHA loan on a triplex when all the units are filled

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120

My realtor is still checking if it is empty. According to her the lease ended in December so it may be empty already. She has said that the seller has rejected every offer less than asking. It doesn't sound like the seller is very motivated to sell and I don't blame him. 

Post: Advice - I think I just killed my mentor..

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120

It sounds like he was looking for a sucker. You dont need this kind of mentor.

Post: Getting a FHA loan on a triplex when all the units are filled

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120

I found this 3 br. house with an attached apartment and another studio apartment in the back. I would like to move into the 3 br. house and rent out the other units. Unfortunately right now the only way I can afford it is with an FHA loan and my realtor is checking but last time someone made an offer on the place there was a tenant in the main house. In California it can sometimes be difficult to evict a tenant even when they have broken the lease. If I buy the house and I cant get the tenant to leave what kind of legal jeopardy am I in?

Post: Tennant squatting

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120

So now you know not to accept personal checks.

Post: what an alternative term for landlord.

Tom R.Posted
  • Investor
  • Ridgecrest, CA
  • Posts 244
  • Votes 120
I hate the term landlord. What's a good alternative term?